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KOFY
Nov 26, 2012 11:30am PST
hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on ou
ABC
Nov 26, 2012 5:00pm PST
. this monday has been different. than most of those in the past. sales tax, since september 15th of the year, many retailers have been charging sales tax on internet purchases sold to those who live in california that. is when our stubp' law went into affect requiring them to start charging sales tax. >> if a retailer doesn't pay tax, then they have advantage over guys trying to make a living in the state of california. >> not all merchants are collecting the tax on the smaller companies saying federal law exerp yefrts them. citizens required to pay at the time of purchase or to keep track of how much money spent online, then pay a use tax on state income tax form. it's highly unlikely to do that if you buy a big screen tv they're going to be looking out for you. >> thank you. >> sure. >> we're expecting some major changes in weather. >> yes. >> sandhya patel is here to tell whaus is in store. >> we're looking at strong winds, heavy rain. this is a live look out towards the bay we do have high clouds moving through. we have fog west. it will be dense again. there is a beautiful vie
ABC
Nov 26, 2012 6:00pm PST
could end if there is no tax deal by the end of the year, members have until january to work out an agreement with the president on what to do cuts. the white house says if taxes expire the u.s. could be sent back into a recession suggesting concerns -- americans could cut back on holiday spending in next no mo as well. this news sent stocks dropping. the reason it's not completed, democrats want to eliminate tax cuts for americans earning 250,000 tsdzs a year, republicans are against it. >> the world changed. >> i will violate the pledge for the gft country. only if democrats will do entitlement reform. >> there are no new meetings society up to the cut. >> billionaire warren buffet÷e g is again calling for higher taxes on the ultrarich and urging congress to compromise. he is urging support for a tax ñ million and $30 million and mocks idea investors would pull back if capitol gains taxes increase saying he's never seen that happen. any tax increase would be expensive for buffet. ed to be the world's third richest man. >> if early returns are an indication, online research firm
ABC
Nov 27, 2012 4:30am PST
biggest obstacle to a deal is a pledge of no tax increases of any kind that virtually every elected republican has signed. grover norquist is behind that pledge considered one of the most powerful men in washington and has convinced thousands of republicans to sign the pledge. with fiscal calamity on the horizon some gop lawmakers are changing their tune. >> i will violate the pledge, long story short, for the good of the country. >> president has made clear, he will not sign a bill that extents the bush era tax cuts for those making more than $250,000. >> some republicans open to breaking the say they will do it by closing tax loopholes they say entitlement reform has to be part of the discussion. both sides are counting on negotiators to find common ground. >>> if you have a lot of holiday errands you may want to get it done today before the storm gates open. >>> we have three systems that are headed our way over the next several days. first tomorrow morning doppler showing all the cloud cover this morning. we are looking dry, we may see sprinkles throughout the shoreline today, o
ABC
Nov 27, 2012 5:00am PST
wait a minute >>> lawmakers trying to avoid the fiscal cliff. automatic tax hike and spending cuts for all americans unless congress and the president can reach compromise. biggest obstacle of no tax increases of any kind signed by most republicans. grover norquist is behind that pledge and has convinced thousands of republicans to sign in exchange for helping them get reelected. with fiscal calamity on the horizon some gop lawmakers are changing their tune. >> i will violate the pledge, long story short, for the good of the country. >> president has made clear he will not sign a bill that extends the bush era tax cuts for those making more than $250,000. >> some republicans open to breaking the say they will did it by closing tax loopholes they say entitlement reform has to be part of the discussion. >>> general motors has its eye on california to lunch a new electric car model. -- to launch a new electric car model. >>> an all-electric version of the chevy spark next summer starting in california and oregon nor less than $25 thaw -- $25,000, after a tax credit. if you are looking
ABC
Nov 23, 2012 6:00pm PST
bring $2.4 hillin of appropriate tax into the city. creating 2000 jobs in the community. >> a group is fighting the development. buckly and wendy stone live add board their cruiser 20 years. they don't know where they're going. >> i'm on a fixed income. i can't afford to put a first and last down someplace. >> buckly has no hard feelings against her saying she helped him when he had cancer and worry about the berth rental when sick. >> she brought me food, we're friends. >> he says the fight is to private ties the outer harbor which they're leasing from the state. it's now open to the public, anyone can rent a berth there. the new project will limit to residents of the complex. >> the state says only so long used as a commercial harbor and marina. >> the planning marina approved the project. the tennent group filed an appeal. the redwood city council will hear appeal on january 28 but may be too late for tenants because they've been told to move out by january 15th. two weeks before the hearing. vic lee abc 7 news. >> black friday shopping is rolling along in the bay area tonight. n
ABC
Nov 21, 2012 4:00pm PST
have a lot of experts in the store. >>,0bqy best buy says now that amazon is charging sales tax this is the frs time they're in an online playing field with a major kpoter david louie, abc 7 news. >> check out abc 7 news.com before you start black friday shopping. we've compiled a list of stores that are open thanksgiving day. this is all on our web site. >> san francisco police assessing the damage caused by a burglar. the thief kicked down doors and0]g;ç windows then threw a suitcase loaded with loot out of a second story window on franklin street. an officer hit by broken glass and police did end up arresting the suspect at the scene there. >> family and friends buried a police corporal was honored during a service in fremont today. he died on november 10th. officers shot him after a confrontation taking place in palm springs. he served in afghanistan. his four-year enlistment would have ended in january. >> a san jose man suspected of a violent crime spree could face the death penalty. he faces nine felony counts for a car jacking murder, chase, shooting and four robberies. the
ABC
Nov 24, 2012 8:00am PST
built more than five decades ago. >> it will bring 2.4 million of property tax into the city, million of which will go to our schools. it will create 2,000 jobs. >> but a group is fighting the development. they have lived aboard their cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i can't afford to put a first and last down on someplace. >> he doesn't have any hard feelings. she helped him when he had cancer and not to worry about the rental when he was sick. >> we were always friends. >> the fight is with the developers plans to privatize the outer harbor which they are leasing from the state. that harbor is open to the public. anyone can rent a berth there. but the new project will limit the berths to residents of the new complex. >> when the state gave the lease they said only for so long for a commercial harbor. >> the planning commission recently approved the project. tenants group filed an a appeal. >> the redwood city council will hear the appeal on january 28. by then it may be too late for the tenants because they have been told to move ou
ABC
Nov 21, 2012 6:00pm PST
. i'll have the accu-weather forecast coming up shortly. >> later tonight, death, taxes. well, pardon me, holiday shoppers last minute frenzy at supermarket chaotic because of a power shortage. >> then, that story on death ask taxes what you can do to avoid turning over half of your childrens inheritance to the government. >> here tonight abc 7 news obtains footage from a deep sea expedition to protect >>> the port of oakland was a zoo today, truckers and shippers trying to catch up on the backlog. explains that back up lasted most of the day. big rig gridlock with thousands of truckers waiting to pick up or drop off what they could not yesterday because of the fdiu strike. >> how did yesterday's strike affect you? >> bad, really bad. you know?>s long lines and port there. they were closed and yeah. you know? we need to work to make money for living you know? >> the union representing 200 maintenance workers blocked entrarnss yesterday effectively shutting it down. he says he was stuck in traffic just getting off the freeway for a half hour this morning taking a hit with yesterday, and t
ABC
Nov 25, 2012 5:00pm PST
the prospects of reach ago deal to avoid the sear of tax increases and spending cuts. democrats and the president wants to raise tax rates for the wealthy, republicans don't. there are more now breaking with grover nord qwest had gotten a majority of republican lawmakers to not support any effort to raise taxes. this morning, senator lindsey graham said that for the good of the country he is ready to violate the antitax pledge. >> i think grover is wrong when you can't cap deductions and buy down debt. i want to buy down debt and create jobs but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> it's not clear when lawmakers and the president will meet next. >> fans of comediancast william are suing him after a performance in oklahoma. >> we now know what is behind a gas explosion in massachusetts. >> the items you'll most likely see the biggest discounts on cyber monday. >> leigh: ifit's a dry weekend. get ready for a stormy week ahead. we'll check in with the live doppler 7hd and look at my [ male announcer ] i
ABC
Nov 26, 2012 4:00pm PST
increasing signs that republicans may be willing to deal on the most controversial issue. tax autos i'm willing to generate revenue. >> for many, doing just that would mean breaking a pledge to not raise taxes and taking political risks that come with it. >> world changed. >> the no neweh9hn taxes pledges the brain child of grover norquist. >> the pledge allows elected officials to make it clear openly to the voters where they stand. >> here in washington he carries weight as evidenced by lawmaker xgh signed the pledge over the years. norquist told abc news this isn't about him and lawmaker autos don't tell me bit. they need tochl plain to voters.twrht >> there is still a catch. >> i will violate the pledge for the good of the country only if democrats will do reform. >> the white house indicated everything is part of the discussion. >> abc news, washington. >> stocks gave back a little of last weeks gain was traders concerned with about the fiscal cliff. dow jones gave back 42 points to finish at 12,967. the s and p 500 off nearly three. >> jipgss planned a real yeel against a rec
ABC
Nov 28, 2012 5:00am PST
power ball tonight experts say take the money and run. whatever happens with the fiscal cliff taxes on the very >>> good morning. winds gusting in excess of 30 miles an hour at our coast, wind advisory throughout the entire bay area -- [ inaudible ] wind warning at our coast we could see winds there in excess of 60 miles an hour through 11:00 this morning. >>> we'll continue to keep an eye on those winds. residents on the peninsula will be keeping an eye on a slipping hill slide where a mudslide happened earlier this month. a water main break caused this mess along several streets in daly city november 13th crews have been going around the clock to shore up parts of that hill to keep debris from flowing into the neighborhood daly city has spent almost half a million dollars to repair the damage. >>> in iraq residents of a baghdad neighborhood are cleaning up following a car bombing the blast killed five on a day when insurgents launched taxes against security forces and civilians in central and northern iraq yesterday, 30 were killed, dozens wounded. >>> in egypt several hundred pro
ABC
Nov 27, 2012 6:00pm PST
next year. >> to washington. congress and the president are no closer to a deal to avoid masigs, tax increases in spending cuts that so called fiscal cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would en
ABC
Nov 27, 2012 6:00am PST
, automatic tax hike for all americans, unless congress and the president can compromise. biggest obstacle is a pledge of no tax increases of any kind signed by most republicans. grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in september compared to a year ago. in the san francisco area it was 7 1/2% compared to a year ago. meantime, watch for your landlord to jack up rent. recents are up 4.1% this year, watch for rents to go up 4.6% next year and 4.7 the year after. zillow buying hot pads for 16 million dollars, has 19 employees will stay in san francisco, zillow says the move will help it increase the number of leads it sends to landlords. watching ebay today, shares slightly lower stock hit a nearly eight year high yesterday optimism it will benefit f
ABC
Nov 29, 2012 4:30am PST
fiscal cliff. they will discuss now to avert tax increases and spending cuts due to begin in january. >>> little progress in talks between the white house and house speaker boehner. >>> if you the past few days wishing you had -- california may be getting into the big game power ball played in 42 other states. lottery officials meet today expected to adopt regulations to join power ball on the heels of the staggering jackpot of 579 million dollars two winning tickets were drawn, sold in arizona and missouri. california retailers could begin selling the $2 tickets next year would it bring in 90 to 120 middles to help supplement education spending in -- million dollars to help supplement education in -- spending. >>> let's see if we are winners the weather race today. i think we are if you count raindrops. >>> we are still looking at two bigger storms headed our way, light showers this morning, live doppler showing most activity in the north bay up through cloverdale, ukiah, a few showers offshore also napa and snow may. if you are headed out highway 101 and 121 on the wet side
ABC
Nov 26, 2012 11:00am PST
of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something heating up again state senator from the bay area wan >>> there's been a second fire at a clothing fire in bangladesh, two days after another fire killed more than 100 workers. this is new video of the latest fire. the fire department believes everyone did get out safely. thousands took to the streets today demanding justice. officials say that building had no emergency exits when the fire broke out, workers above were trapped. the factory made products for wal-mart and other companies in the u.s. and europe. the bangladesh government has declared tomorrow a national day of mourning. >>> happening now, egypt's president standing by his decision to give himself sweeping new powers. today president mo
ABC
Nov 21, 2012 1:05am PST
tax dollars involved. an 11 years taking the golden bears from a 1-10 team to a top 20 contender. they couldn't resurrect cal one more final. struggling on and off the field and a 48% graduation rate did not help. the athletic director said change was necessary. >> as i said before, i have the obligation to do what is right for cal. it is a matter did i believe that we can turn around some of these worrisome trends? >> reporters could not wait to grill 49ers coach jim harbaugh on his quarterback situation today. the only problem was that harbaugh canceled his session with the press. he was at the doctor's office for a checkup following the procedure on his heart last week. but tomorrow the question will be asked repeatedly and most likely avoided repeatedly by harbaugh. he was sensational against the bears and raising the question, should he replace alex smith as the starting quarterback against new orleans? vernon davis has been in alex smith's corner for years, but even he admits he saw the future last night. >> it is one of those balls you see tom brady throw. the second window righ
ABC
Nov 20, 2012 4:00pm PST
how to afford to pay off a guy like that? but that money is not going to come out of taxes or fees a check will be written by boosters. that is the way it's done in big time programs. here is the athletic director sandy barber. >> jeff has been a class act through every bit of this. and certainly it's:gz- disappointing. he wanted to continue to lead cal football. and made that very clear. >> he will leave a legacy because memorial stadium never would have been renovated, that $3231 million job never would have happened with out tedford and his success. who takes over now? that is the question, we'll have a live report at 5:00 and 6:00. >> it's sad so-to-see him go. >> he's a goodman. >> still ahead, new information on the o.j. simpson case, who has come forward to say he killed the ex-wife, and friend. >> and bad news for hewlett-packard why the company says it was the victim of a multi billion dollar fraud. >> plus a thanksgiving tradition in the east bay today, but why this deal >> at 4:so checking traffic downtown skyway. andnífñ it's usual bumper to bumper crawl heading left to
ABC
Nov 29, 2012 5:00am PST
. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on with the weather. . >>> good morning. up in the north bay, clover lake, clear lake, dry creek road light showers will continue to increase throughout the afternoon south afternoon novato into san rafael, light showers, lucas valley road, damp, winds are breezy this is in advance of this next system, look at this these thunderstorms offshore, these are going to stay north, we are looking at this line of heavier rain to move in throughout the later evening. chanc
ABC
Nov 23, 2012 4:00pm PST
for giants fans.. >> battle for holiday dollars. how a new tax on internet purchases changed a playing field. >> cutting the cord when it comes to music, taking a look at wireless speakers and impact on audio quality. >> looking at the skyway, head together east bay, left to right, just fine. better than you'd expect on a weekday. it's a holiday for many people. but congested on the ride side of the screen stay with us, abc news at 4:00 continues in online retailers collect tax only in states in which they have a physical presence. now, amazon is building two giant warehouses including this one near los angeles a million square feet, for the old fashioned retailers it's another reason to worry. >> why? because amazon goal to get items to customers faster, and to be able to offer same day delivery that. is right you can avoid stores and have a package delivered in a matter of hours. a win for consumers but tough for local retailers. >> if amazon creates distribution centers, that take as way from one advantage we see retailers have left to compete against amazon. it's a big deal
ABC
Nov 28, 2012 4:00pm PST
with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over
ABC
Nov 25, 2012 9:00am PST
higher taxes and deep cuts kick in if a compromise haven't been reached. the stock markets have been betting early among congress will reach an early compromise, showing gains in this week's session. but republicans and democrats sound as far apart as ever on reaching a solution. >> the house of representatives has a bipartisan bill passed by the senate that will spare 898% of taxpayers across america from any income tax bases and 98% of businesses. it's a bipartisan bill the house should pass. >> it's fair to ask my party to put revenue on the table below historic packages. i will cap deductions. if you cap deductions around the 30, $40,000 range you can raise $1 trillion in revenue and the people who lose deductions are the upper income americans. to do this i just don't want to promise spending cuts, i want entitlement reforms. >> senator graham said the senate version will cutback the military to dangerously low levels. >>> new this morning the u.s. supreme court justices will go behind closed doors this week to decide whether now is the time to rule on same-sex marriage. today's
ABC
Nov 20, 2012 11:00pm PST
for millions. no tax dollars involved. an 11 years taking the golden bears from a 1-10 team to a top 20 contender. they couldn't resurrect cal one more final. struggling on and off the field and a 48% graduation rate did not help. the athletic director said change was necessary. >> as i said before, i have the obligation to do what is right for cal. it is a matter did i believe that we can turn around some of these worrisome trends? >> reporters could not wait to grill 49ers coach jim harbaugh on his quarterback situation today. the only problem was that harbaugh canceled his session with the press. he was at the doctor's office for a checkup following the procedure on his heart last week. but tomorrow the question will be asked repeatedly and most likely avoided repeatedly by harbaugh. he was sensational against the bears and raising the question, should he replace alex smith as the starting quarterback against new orleans? vernon davis has been in alex smith's corner for years, but even he admits he saw the future last night. >> it is one of those balls you see tom brady throw. the
ABC
Nov 28, 2012 6:00pm PST
evening, once again. 34 days now until the so called fiscal cliff occurs. taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the f
ABC
Nov 24, 2012 6:00am PST
bring $2.4 million of property tax into the city. $1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. buckley and wendy stone have lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lady. she helped him when he had cancer and told him not to worry about the berth rental when he was sick. >> she used to bring they food and we were friends. >> he said the fight is with the developers who are leasing the outer harbor. that harbor is now open to the public and anyone can rent a berth there but new project will limit the berths to only residents forecast new complex. >> when the state gave the lease they said only so long will it be used as a commercial harbor so it's really not theirs. >> they filed an appeal with the redwood city council. the appeal will be heard on january 28th. by then it may be too late for the tenants becaus
ABC
Nov 24, 2012 5:00am PST
property tax into the city. 1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. this couple has lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lead. she helped him when he had cancer and told him not to worry about the berth rental when he was sick. >> she used to bring they food and we were friends. >> he said the fight is with the developers who are leasing the outer harbor. that public is open to the public and anyone want rent there. the new project will limit the berth to only residents of the new complex. >> when the state gave the lease it said only for so long as it is used as a harbor and marina. it's really not there is. >> they filed an appeal with the redwood city council. the appeal will be heard on january 28th. by then it may be too late for the tenants because they have been told to move out by january 15
ABC
Nov 26, 2012 6:00am PST
west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute through san pablo and el cerrito, very slow, fog is a factor all morning, take extra care download this app free. >>> the fog can make the commute difficult. amy hollyfield joins us live from the bay bridge toll where the conditions there now look pretty foggy. >> reporter: it is thick. take a look at what the cars are going through behind me. you can see their tail lights, pretty thick and tough to see, far in front of you the kind of fog if you close your eyes and spun around a couple of times and opened your eyes you wouldn't figure out which direction you were facing, you can see far here's video we shot to give you an idea what
ABC
Nov 28, 2012 6:00am PST
done. the poll finds that 60% of americans believe taxes should be raised on the wealth this however, the poll also found support is largely based along it logical lines, 73% of democrats approve, 63% independents in favor [ unintelligible ] >>> the woman who could be the next secretary of state is feeling the heat on capitol hill. ambassador rice will be back today trying to appease republican leaders. rice met privately with senators mccain, graham and ayott yesterday they say she misled the public. in the days following rice placed blame on an anti-muslim video the administration said it knew the attack was the work of terrorists. >> concerns i have are greater today than they were before. we are not even close to getting the basic answers. >> the focus on some might say, obsession on, comments made on sunday shows, seems to me, and to many, to be misplaced. >> president obama has not yet announced who he will nominate for secretary of state. >>> 6:18 in the bay area time for a look at our weather forecast and heavier rain two hours from moving in, don't worry it will come. >> i'm
KOFY
Nov 26, 2012 9:00pm PST
only 36 days until the nation could go over a fiscal cliff with a tax hike for everyone on new year's day and spending cuts on federal programs. today some republicans are defying party politics and break ago pledge they made in the name of a sluchlingts jonathan karl explains article of republican faith for decade. no tax increases of any kind, period. behind it all. this man. november quist. considered one of the most powerful men in washington. sentences he worked for ronald reagan in the 1980's he's gotten virtually every elected republican to sign a pledge promising no tax increases. >> taxpayer friendly congress. >>reporter: sign to it help electricityed don't violent it for fear of getting hammered for breaking the word. >> how many of these things have been signed. >> thousands over the years. >>reporter: he keeps them on file. n boehner pledge signed 20 years ago. >> nobody signed this 10 years ago, 18 years ago 20 years ago are they still bound by it. >> no. >>reporter: when you got married did your wife make a promise when you borrowed money to bite house. that mortgage tha
KOFY
Nov 25, 2012 9:00pm PST
made on raising taxes, colin kaepernick made the start today. >> after a wonderful weekend, mild temperatures, the storm door opens by mid-week and we're talking a series of storms with wind and rain what are you doing there? i am making crescent bacon cheddar pinwheels. wow, i'm impressed! [ ding ] dad, the cable's out! you got that right? [ kiss ] thank you ♪ [ male announcer ] pillsbury crescents. let the making begin. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. >> ama: republicans are considering raising taxes to reserve is the fiscal cliff. it's a big change for those who swore an oath they would never raise taxes. david curly tells us why they are working on the change. >> with some of the holiday shopping done, president obama may be getting a gift from some republicans. republicans who signed a pledge never to raise taxes. this morning, a leading senator. >> i will violate the pledge, long story short, only if democrat
KOFY
Nov 21, 2012 12:00am PST
years left on his contract. they will write the check for millions. no tax dollars involved. an 11 years taking the golden bears from a 1-10 team to a top 20 contender. they couldn't resurrect cal one more final. struggling on and off the field and a 48% graduation rate did not help. the athletic director said change was necessary. >> as i said before, i have the obligation to do what is right for cal. it is a matter did i believe that we can turn around some of these worrisome trends? >> reporters could not wait to grill 49ers coach jim harbaugh on his quarterback situation today. the only problem was that harbaugh canceled his session with the press. he was at the doctor's office for a checkup following the procedure on his heart last week. but tomorrow the question will be asked repeatedly and most
KOFY
Nov 28, 2012 9:00pm PST
reach out to congress, tweet them, e-mail them and pressure lawmakers into saving middle-class tax cuts and avoid the fiscal cliff. taxes will go up an average of $2200 and both parties say they are open to compromise. taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time since the election, president obama will meet privately with the man he beat in the race for president, mitt romney. they will talk tomorrow about ideas reviving the economy. president obama said that he would reach out to mitt romney and hold that private meeting after the election. today the president met with yahoo ceo marissa myer. she is trying to avoid the fiscal cliff. and she told a reporter, quote
KOFY
Nov 23, 2012 9:00pm PST
tax into the city. million which goes to our schools. create 2000 jobs. in our community building this project up. >>reporter: but tenant group is fighting the development. they have lived aboard this cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i really can't afford to put a first last down someplace. >>reporter: he has no hard feelings against the owner. she helped him when he had kearns and even told him not to worry about the berth rental when he was sick. >> used to bring me food. would he were always friends. >>reporter: the fight is with the develop every plans to privatize the outer harbor which they are leasing from the state. that harbor is now open to the public. anyone can rent a berth there but the new project will limit the berth to only residents of the new complex. >> when the state gave the lease it said only for so long as it's used as commercial harbor and marina. that's not theirs. >>reporter: planning commission approved the projec project. tenant group filed an appeal with the redwood city council. this council will hear
KOFY
Nov 20, 2012 9:00pm PST
files including the identity card details tax numbers license plate numbers and home addresses of so many people. now it's not clear how he got them or if he planned to sell these files. but huge security breach. >> dot combust artist is on the verge in the art world. here's don. >> image are startling. complex. artist work is challenging. creativity dynamic. >> i become so focused that i can paint 18 hours in a row and not stop to eat or drink. >>reporter: he's showing the newest piece at this gallery. art salon almost 20 years old. it's a perfect fit for someone who is in advertising in the early days but found his passion in painting. >> i sold another piece and here i am 6 years later. >>reporter: this is about a resurrection with metal image overlaid on paint. series about u.s. history and political icon. this is the statue of liberty. >> every other day i began to repaint over it and paint over it because the mood kept changing. so over a period of 5 years i probably did 200 version of this piece. >>reporter: wow! >> all on top of each other. >>reporter: lost folk sows he attac
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